Tag "Renault and Rostec"

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Industry OEMs Passenger cars

AVTOVAZ has made a quarterly profit for the first time since 2016

Vedomosti – AVTOVAZ has made a net profit of 609 million rubles according to IFRS within the first quarter of 2017, in contrast with last year’s 2,8 billion rubles loss

Industry OEMs

Renault and Rostec will convert 61.4 billion RUR debt of AVTOVAZ to capital

Finmarket – French car manufacturing giant Renault and Rostec Group have assigned 61.4 billion rubles worth of receivable accounts and loans of the Dutch Alliance Rostec Auto BV (joint venture of